Delhi

Kolkata, Feb 4 (PTI) With the number of passengers travelling to China from the city dwindling following the outbreak of coronavirus in that country and the WHO guideline to contain the spread of the deadly disease, a low cost carrier is all set to suspend its flights between Kolkata and Guangzhou, officials said on Tuesday.

Another airline based in China which operates flights between Kolkata and Kunming has adopted a wait and watch policy.

New Delhi, Feb 4 (PTI) Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492.28 crore for December quarter 2019-20 as provisioning for bad loans was raised substantially.

The state-owned lender had posted a net profit of Rs 246.51 crore for the same period a year ago. In September quarter 2019-20, the bank logged a profit of Rs 507.05 crore.

Total income during the quarter under review was at Rs 15,967.49 crore as against Rs 14,854.24 crore in the year-ago same period, PNB said in a regulatory filing.

New Delhi, Feb 4 (PTI) Telecom operator Bharti Airtel on Tuesday posted a consolidated loss of Rs 1,035 crore for the third quarter ended December 31, 2019.

The company had recorded a profit of Rs 86 crore a year ago.

The company's revenue, however, increased by 8.5 per cent to Rs 21,947 crore for December quarter compared to Rs 20,231 crore in the same period last year.

New Delhi, Feb 2 (PTI) The Congress on Sunday promised to implement unemployment allowance of Rs 5,000-7,500 per month, cashback schemes for water and power consumers and challenge the contentious CAA in the Supreme Court if voted to power in Delhi.

The manifesto presented by Delhi Congress chief Subhash Chopra also committed to spend 25 per cent budget each year on fighting pollution and improving transport facilities.

New Delhi, Feb 3 (PTI) Congress leader Rahul Gandhi on Monday targeted the government over the issue of unemployment, saying it has "failed miserably" to generate jobs for the youth of the country.

He said Union Finance Minister Nirmala Sitharaman should not be afraid of answering questions raised by him on behalf of the youth, to whom the government is answerable.

New Delhi, Feb 2 (PTI) Security has been beefed up in Delhi's Shaheen Bagh, the epicentre of anti-CAA protest in the national capital, a day after a man fired two rounds in the air near the venue.

Two layers of barricades have been put up at a distance of 100 metres each and have been placed on both sides of the road leading towards the protest venue, a senior police official said.

New Delhi, Feb 3 (PTI) Rajya Sabha witnessed repeated disruptions on Monday as members from opposition parties raised slogans against the government and demanded a debate on the Citizenship Amendement Act and NPR.

The House was adjourned within three minutes of reassembling at 2 pm as members from the Congress and TMC continued shouting slogans and did not allow BJP's Bhupender Yadav to move a Motion of Thanks on the President's address.

New Delhi, Feb 1 (PTI) Non-resident Indians not paying taxes in any foreign country will now be taxed in India, the Union Budget for 2020-21 has proposed.

At present, if an Indian or a person of Indian origin managed his stay in India such that he remained a non-resident in perpetuity, he was not liable to pay tax on his global income in India.

New Delhi, Feb 1 (PTI) In a marginal hike, the defence budget was increased to Rs 3.37 lakh crore for 2020-21 as against last year's Rs 3.18 lakh crore, notwithstanding expectations of a significantly higher allocation to fast-track long-pending military modernisation.

The allocation compared to last year's budget estimate of Rs 3.18 lakh crore is an increase of 5.63 per cent but it comes to around 1.8 per cent if calculated against the revised estimate of 3.31 lakh crore for 2019-20.

New Delhi, Feb 1 (PTI) Prime Minister Narendra Modi on Saturday congratulated the Maldives for its return to the Commonwealth as its 54th member.

The Maldives had joined the Commonwealth in 1982, but withdrew its membership in 2016.